11155 2nd St E Treasure Island, FL 33706

Income-Producing Treasure Island Duplex | *Walk to Beach*, Parks, Dining & Shops Welcome to **11155 2nd St E, Treasure Island** a charming and versatile coastal duplex perfectly positioned just a short stroll to the sand, local parks, restaurants, and shops, offering the ideal blend of lifestyle and income potential. This flexible property is ideal for both investors and owner-occupants, allowing you to live in one unit and rent the other, or maximize returns by renting both units. Front Unit (2BR/1BA): Bright and inviting with abundant natural light, a cute private deck, and a dedicated laundry closet. A 12-month lease is currently in place for the front unit, providing immediate income and giving a new owner time to find the right tenant, plan a personal move-in, or reposition the property strategically while collecting rent. Rear Unit: Features a private entrance, its own private deck, and a storage shed. The layout is efficient and functional with kitchen appliances and generous closet space, making it perfect for long-term tenancy, seasonal use, or as a mortgage-supplementing rental while the owner occupies the front unit. Location Perks That Drive Demand Residents and tenants alike enjoy proximity to: "¢ Treasure Island Beach Trail, ideal for walking, biking, and enjoying Gulf sunsets "¢ Treasure Island Community Center & Park, offering green space and community amenities "¢ Treasure Bay Golf, Tennis & Pickleball, a premier waterfront recreational hub "¢ John's Pass Village & Boardwalk, featuring 100+ shops, restaurants, and water activities Property Highlights & Recent Updates "¢ Separate water and electric meters for each unit Circular driveway providing valuable off-street parking Recent capital improvements, including: New roof installed late 2023 "¢ Cement shingle roof section installed in 2021 "¢ Central AC in one unit "¢ Brand-new ductless mini-split system installed in the other unit (2025) "¢ New lower kitchen cabinets and appliances installed in 2025 Additional Notes "¢ Tenant-occupied - Please do not disturb tenants "¢ Showings require 24-48 hour notice "¢ Buyer to verify local short-term rental (STR) regulations "¢ Pre-qualified buyers only, please Whether you're seeking a smart coastal investment or a lifestyle property with built-in income, this duplex delivers location, flexibility, and classic Treasure Island charm.